The Department for Business, Energy & Industrial Strategy is
seeking views on a proposed approach to allocating Hydrogen
Business Model and Net Zero Hydrogen Fund support through a joint
allocation process for electrolytic hydrogen projects.
This consultation closes at
11:45pm on 6 May 2022
Consultation description
This market engagement document sets out our proposed approach to
a joint Hydrogen Business Model and Net Zero Hydrogen Fund
allocation process for electrolytic hydrogen projects. This is
with a view to developing and refining our proposals ahead of
launching the first allocation round.
The document includes:
- an indicative timeline
- proposed eligibility and evaluation criteria
- a proposed approach to agreeing an offer of support with
shortlisted projects
Please use this opportunity both to express your views, and also
to provide an indication of your likely interest in applying:
this will help us plan resourcing for the proposed upcoming
allocation round.
We expect this to be of interest to developers and investors in
electrolytic hydrogen projects that require revenue support
through the Hydrogen Business Model and capital grant support
through the Net Zero Hydrogen Fund.
Net Zero Hydrogen Fund
Hydrogen projects that are not seeking revenue support through
the Hydrogen Business Model but would still like to apply for
capital expenditure (CAPEX) support should instead look to the
Net Zero Hydrogen Fund (Strand 2) which opens for applications on
25 April. The Net Zero Hydrogen Fund is also inviting bids from
projects seeking development expenditure (DEVEX).
Our BEIS Hydrogen
Funding Landscape Infographic provides further
information on funding opportunities.
Upcoming events
The Net Zero Hydrogen Fund opens Monday 25
April.
Our delivery partners are holding an online briefing event for
potential applicants on Tuesday 26 April,
9.30-11.30am. It will focus on strands 1 and 2,
development expenditure (DEVEX) and capital expenditure (CAPEX)
support for projects that don’t need revenue support through the
hydrogen business model. Find out
more and register
BEIS is
hosting an online event on Thursday, 21 April,
3-4pm, to provide an overview of the government
responses to the consultation package. Register
for the event.
Projects that wish to apply for revenue support through the
Hydrogen Business Model, in addition to Net Zero Hydrogen Fund
funding, will need to apply through the joint allocation round.
We will hold 2 identical online workshops:
We ask for basic information about your project and whether
you’re interested in applying, to help us plan resourcing for the
proposed upcoming allocation round. We reserve the right to limit
attendance where workshops are oversubscribed.
Documents
Hydrogen Business Model
and Net Zero Hydrogen Fund: market engagement on electrolytic
allocation
PDF, 350
KB, 34 pages
Ways to respond
Respond online
or
Email to:
Hydrogen.BusinessModels@beis.gov.uk
